The online trading world is going crypto crazy with platforms like the new ETH Millionaire by Stan Murphy. Over the past couple of years, ordinary people have jumped into cryptocurrency trading and made a fortune from their investments. It is true that the digital currency industry is lucrative and literally anyone can take advantage of the opportunities and attain excellent results.
It takes knowledge, a bit of experience and constant learning to find success in a field that is rewarding, but at the same time risky due to its high volatility. Some people also make use of online trading systems to start trading like a professional right from the first day.
There is no problem is utilizing the services offered by a fully optimized trading tool, but it is crucial that the tool you have opted for is legit, reliable and delivers positive results. The ETH Millionaire attracted my attention a week ago and since then I have been compiling details about this software to find out whether it is a safe option for trading or not.
My findings have revealed that ETH Millionaire is a scam trading system. It doesn’t have anything good to offer. Although it is a brand new trading app, I can confirm that it is not worth signing up for. Read my review till the end to learn all about this software and why it is not in my recommended list of trading systems.
A Look At ETH Millionaire
ETH Millionaire has been created by someone called Stan Murphy. This person says that he worked for a bank as a broker for several years before he decided to do something different. He made use of his skills and experience to invest in himself. He developed a trading system that generated triple returns for him from his investment.
But earning massively from the software wasn’t enough for him. He wanted others to do the same. This is the reason he decided to give away licenses to anyone who wants to become financially stable like him. He says that traders only have to push the button few times to generate returns on assistance mode.
Review Verdict: ETH Millionaire Is Scam
This is basically the same story I have heard over and over again. Generally, all the folks out there who are looking to market fake products and apps use the same story. There is nothing new to the story or the trading system they are promoting. But let me tell you that I am quite bored of hearing the same thing.
I have reviewed countless new trading systems in the past and I can estimate their actual worth just by watching their promo video and the pitch they are using. ETH Millionaire is designed to rip you off. It is not an accurate or legit system. It has a number of scam factors including lack of licensing. I would like to warn you that there are real dangers posed by this bad trading robot.
If you are looking for a reliable and proven to work solution, I would recommend considering the Crypto CFD Trader – a professionally developed trading software for easily trading the markets.
How Does ETH Millionaire Work?
I didn’t expect to find much information regarding its working mechanism from their website. I know for sure that the people behind these kinds of scam tools don’t usually bother going into the details of how it works.
In their promo video, they don’t even show how they manage to earn so much within just a short period of time. They only talk about algorithms and technology, but they don’t share any details about what is incorporated into the system that makes it so accurate.
The whole thing about ETH Millionaire is so vague that it raises concerns and suspicion. It appears that their only aim is to connect traders to brokers and get a commission for the referral.
This is the reason ETH Millionaire is a free trading software. While traders don’t have to pay anything to use it, they have to make a deposit of $250 when they register with the broker. The earnings with this software are not real. The information they have provided on their website related to its accuracy and success is false.
Point to Note
Even if traders manage to generate returns from their investments using this tool, the broker will make it impossible to withdraw the funds. Traders will be refused their hard-earned funds if they make the mistake of trusting ETH Millionaire.
Why Is ETH Millionaire a Scam?
I have managed to gather concrete evidence which indicates that ETH Millionaire is nothing more than a scam trading software.
First of all, who is Stan Murphy? I have not been able to establish his true identity. There is no one by this name who is associated with this trading system. Perhaps, he is a fake personality using a fake name just for the purpose of promotion of this fraudulent app.
The second thing that I have managed to find is that ETH Millionaire doesn’t have a good success rate. This means that the information they have presented isn’t true. The software performs poorly as a result of which many traders have lost their investment capital.
Another thing is that there is not even one person who has earned anything out of this system. You may be wondering what about the testimonials that you have seen on their webpage. Those testimonials are fabricated and those so-called traders are actually hired actors who have been paid for the videos.
The presenter claims that the software only assigns regulated broker. This is also a lie because the brokers working with this scam are also shady. They are unlicensed and have a bad reputation in the industry.
The endorsements and claims of being featured on news channels are false. Channels like CNBC and media outlets like Forbes have never recommended this trading system. The lies have just been told to attract attention and lure traders into signing up for ETH Millionaire.
After doing an in-depth investigation and analysis of ETH Millionaire, I can confirm that it is a scam trading app. You will not benefit from it in any way so it is better that you stay away from it. Do not invest your hard earned capital in it or you’re risking losing all of it. There are much better alternatives you can choose from.
Review Verdict: ETH Millionaire Is Scam
Hello, I am Collin Tyusm. I am a Forex blogger. I have created my blog, because I want to help people learn more about Forex & CFD Trading Software and Bots.